LSTM Model to Predict Monetary Indexes Using Climate Data
摘要
In this study, we explore the application of recurrent neural network (RNN) techniques to address climate change challenges and their effects on monetary policy. Our goal is to improve forecasting accuracy for monetary policy indicators. Long Short-Term Memory (LSTM) networks, a prominent type of RNN, are particularly useful due to their ability to retain both short-term and long-term information, making them well-suited for analyzing sequential data. This research utilizes LSTM models to evaluate their effectiveness in forecasting monetary indicators based on climate-related indexes, specifically in the context of Morocco. The findings reveal that LSTM forecast accuracy varies across different types of climate and monetary indexes.